1.What will be the effect on money supply of the country in the following situations? Explain briefly how will money supply increase or decrease in each case;

1. Government sells $10,000 Treasury Bills in the market.
2. Central bank increased the policy rate by 5%.
3. Statutory Liquidity Ratio increased by 3.5%.
4. Central bank increased the Cash Reserve Ratio by 4%.
5. According to you which type of monetary policy is followed in this hypothetical economy? Why do you think so?